3225 Pontchartrain Dr | Slidell, LA 70458
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3225 Pontchartrain Dr
Slidell, LA 70458
Sonic Drive-In · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Absolute NNN Lease with Attractive 7.50% Rental Escalations every 5 Years!
- Lease is Personally Guaranteed by the Operator (Net Worth In Excess of $3,000,000)!
- Close to Walmart Neighborhood Market & Winn-Dixie with Great Drive-By Visibility on Pontchartrain Dr where Traffic Counts Exceed 18,900 CPD!
- Panhandle Restaurant Group, LLC (PRG) Operates a Total of 2 Sonic Drive-In Restaurants, as Well as a Number of Other Restaurants
- Successfully Open & Operating Since 1997 with a 9.74% Rent to Sales Ratio (2020 if Annualized)!
- 2020 DEMOGRAPHICS (5-MI): Total Population: 79,620 | Average Household Income: $74,851
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,442 SF
Building Class
C
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.76 AC
Zoning
C-2 - General Commecial Zone
Parking
30 Spaces (5.03 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Drive Thru
- Monument Signage
Property Taxes
| Parcel Number | 87198 | Improvements Assessment | $30,086 |
| Land Assessment | $0 | Total Assessment | $30,086 |
Property Taxes
Parcel Number
87198
Land Assessment
$0
Improvements Assessment
$30,086
Total Assessment
$30,086
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